Stevens Capital Management LP Has $204,000 Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Stevens Capital Management LP reduced its stake in FactSet Research Systems Inc. (NYSE:FDS) by 36.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 425 shares of the business services provider’s stock after selling 239 shares during the period. Stevens Capital Management LP’s holdings in FactSet Research Systems were worth $204,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Raymond James Trust N.A. raised its holdings in FactSet Research Systems by 2.3% in the 3rd quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock valued at $436,000 after acquiring an additional 21 shares during the period. Mount Yale Investment Advisors LLC increased its stake in shares of FactSet Research Systems by 1.4% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock worth $755,000 after purchasing an additional 22 shares during the period. Allworth Financial LP lifted its holdings in FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after purchasing an additional 22 shares during the last quarter. Private Trust Co. NA boosted its stake in FactSet Research Systems by 8.2% in the 4th quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 22 shares during the period. Finally, Avantax Advisory Services Inc. grew its holdings in FactSet Research Systems by 2.0% in the 4th quarter. Avantax Advisory Services Inc. now owns 1,214 shares of the business services provider’s stock valued at $583,000 after buying an additional 24 shares in the last quarter. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Trading Down 0.1 %

Shares of FDS opened at $432.44 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. FactSet Research Systems Inc. has a 52-week low of $391.84 and a 52-week high of $499.87. The firm has a market cap of $16.45 billion, a price-to-earnings ratio of 31.00, a PEG ratio of 2.93 and a beta of 0.77. The business’s fifty day moving average is $455.05 and its 200-day moving average is $464.73.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.17 by $0.11. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm had revenue of $570.70 million for the quarter, compared to analysts’ expectations of $570.65 million. During the same quarter in the previous year, the business posted $4.22 earnings per share. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. Equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were issued a dividend of $1.04 per share. The ex-dividend date was Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.96%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company downgraded FactSet Research Systems from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $450.00 to $402.00 in a report on Friday. UBS Group dropped their price objective on shares of FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating for the company in a research note on Friday. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Monday, March 10th. BMO Capital Markets dropped their price target on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a research report on Monday. Finally, Stifel Nicolaus increased their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Five investment analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, FactSet Research Systems presently has an average rating of “Hold” and a consensus target price of $436.27.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.